AOL Europe Boosts Members
By 40%, Remains Optimistic

BRUSSELS -- The New Economy may be in tatters, but AOL is signing up subscribers in Europe at a breakneck pace, winning converts to the company's business model in the process.

The European Internet operations of AOL Time Warner Inc.'s America Online unit captured 1.4 million new subscribers last year, raising its membership to 4.6 million, up 40% from a year earlier, according to Michael Lynton, president of AOL International. Mr....